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I am in GST , purchase goods of 12%taxable from composite dealer, shall RCM applicable to that invoice
Replies (7)
No, RCM does not apply on purchase from composite dealers
No,RCM is not applicable
No same is not applicable
I am purchasing from interstate and selling in Karnataka state only...How can I get input vat credit sir?
if you purchase goods interstate then IGST is charge and intra state sales then SGST and CGST charge
IGST is adjust with first IGST, then CGST and then your SGST out put
Agree with Jitendra Kumar Sharma
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